i think that is a really difficult that of the environment to make predictions. economic fundamentals are not really driving, i don't think, of the policy in the marketplace lou: well, with that in mind, the economy itself, we're talking about 23 million people still unemployed and underemployed. and a president who is spending more time on gun-control and immigration reform then the -- that creating jobs are really economic growth. now, there are a lot of criticism of this president, but the fact of the matter is, we're not seeing the kind of robust energy that we expect to see in a recovery. >> this was, in my view, the most is what the recovery in modern times, maybe in american history. we have 3 million less jobs than we had when the fed is a crisis started. ramming some growth and some kind of recovery, we have an incredibly resilient economy. highly of gennaro, and we should be doing better if. what is discouraging is that almost all is caused by poor government policy. we have consistently done the wrong thing off. lou: macroeconomics here, but of like to